Gulf Keystone Petroleum Ltd Com Shs (GKP): Special dividend

This situation live

GKP Gulf Keystone Petroleum Ltd Com Shs

£462m · 212.5p · −6% since the first step

20 Oct 2026 · proposed · +4% since Subject to applicable Bermuda law, the Bye-laws of Gulf Keystone and approval by the Board of Directors of Gulf Keystone, it is intended that existing shareholders of Gulf Keystone will receive a spec

Capital return

Special dividend

proposed

Kindspecial dividend

AmountUSD 50 million

Of market value4.2%

As of 20 Oct 2026 ↗

Since Oct 2023: 126 situations of this kind – paid out 66%, went quiet 34%; median share price +6% six months after they opened

Every step · 1

20 Oct 2026 proposed – Subject to applicable Bermuda law, the Bye-laws of Gulf Keystone and approval by the Board of Directors of Gulf Keystone, it is intended that existing... ↗

What is happening

Gulf Keystone Petroleum Ltd Com Shs: Special dividend – proposed. ['proposed']

In short: Gulf Keystone Petroleum Ltd Com Shs: special dividend of USD 50 million, 4.2% of the market value – proposed (20 Oct 2026).
Announced: 20 Oct 2026 · proposed

From the company's own announcements. Not investment advice.

Briefing

Gulf Keystone Petroleum Ltd Com Shs in 4 minutes

Gulf Keystone is an independent oil producer whose only asset is the Shaikan Field in the Kurdistan Region of Iraq. Its oil could not leave Kurdistan by pipeline for two and a half years from March 2023, then exports...

Act 1The pipeline closes (2023)
Act 2Local sales rebuild the cash (2024)
Act 3Exports return, then war (2025-2026)

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